9 votes

Heavily Invested in a 401K? The Establishment is Going to Steal Your Money!

I am wondering if this was done on purpose?

Tax shelters with heavy penalties.

Economy collapses and everyone needs their money and then just so happens the feds will take 30-40%??

Read Here
http://thewannabehomesteader.com/heavily-invested-in-a-401k-...




Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

What would a market crash do?

do you think it would provide the impetus for calling for a government take over of retirement accounts to save us from the evil brokerages? hmmmm, sounds plausible

Largest lawsuit ever!

If they steal 401k that will be the largest lawsuit ever! Millions of people who had real money snatched away. This might be the scam that breaks the camel's back. No chance America will have a credible credit rating ever again.

This may be the scam that

This may be the scam that gets people to stand up for themselves.

Simple Facts and Plain Arguments
A common sense take on politics and current events.

http://simplefactsplainarguments.blogspot.com

With much more intrusive

With much more intrusive reporting on all financial records (stocks, in particular) I've gotten the distinct impression that IRAs, 401Ks and anything that has been reported may be at risk. All cash, barter, bit coin and metals are all looking like smarter strategies.

Your gut is correct.

It's a deliberate set-up. (There are some people "in the know" who have spoken / written / done interviews about it. Of course no MSM.)

Simply put, 401Ks were created to get more money into the market for the government to borrow and/or to fund bonds and to fluff corporate pockets. Yet another unholy corporate-government alliance. And, yes, they will be sucked dry in one way or another.

Just like the manufactured mortgage crisis being set into motion in large part by Graham-Leach-Bliley and its deregs in '99 (undoing Glass-Steagall of '54, I think) which led to all sorts of whacked-out loan products (esp. balloon subprimes--a lot like the earlier balloon-styles and speculation which blew up in the 1920s and led to Foreclosureville, USA), too big to fail, and the Bailout Robberies of 2008, '09, '10', etc....

These parasites are clever: they'll rob us all 10 X over if they can get away with it... and thus far, they have.

Get OUT of 401Ks if you have the freedom to do so (and that won't last long when the PTB smell people beginning to jump ship in earnest).

What would the Founders do?

Be Prepared... Educate Yourself With All Alternatives...

For Educational Purposes You May Wish To Consider This:

http://retirementassetprotection.org

http://youtu.be/hrnND0iTfjo (Knowledge is Freedom)
http://idealchoices.info Understanding Bitcoin

I agree....I think when the

I agree....I think when the collapse hits people will lose 90% or more of their account value. Either the bankers will get it or the IRS which ends up in the bankers hands anyway.

Watch this too

Urgent! Hedge Funds Preparing For Market Sell-Off. By Gregory Mannarino .

http://www.youtube.com/watch?v=5WO2wp81M2E&feature=player_em...

"Its easier to fool people than to convince them that they have been fooled."
Mark Twain

Good Article

Forewarned is forearmed.

"Its easier to fool people than to convince them that they have been fooled."
Mark Twain